Search results

Maybe you could provide some exact evidence then we could decide to believe him or you. There's a lot of speculations here.

The name of the book is TRADING OPTURES AND FUTIONS? How much are you selling it for and what have you been smoking?

Thank you very much that's exactly what I was hoping to find.

Thanks again, I signed up for an account with them. I plan to trade only stocks for now as my experience lies in trading the underlyings, and papertrade options. Do you guys know if ToS also has a calculator for the "theoretical values" to compare to the actual values?

thank you for the responses. I'm gonna look into ToS.

lol sure all pit traders lose money right? It's wrong to make assumptions about something you obviously don't fully understand. You have no idea how much of a newbie you make yourself sound. I'm ignoring this thread from now, your post before this showed the intent to sell crap.

I currently use the calculator at cboe.com to see IV for individual options, it takes time for the page to load and filling in the numbers. Was wondering if anyone knows of a more efficient manner to estimate it. thanks

You're assuming that all short term traders have no understanding of risk management, probability expectancy, and are incapable of applying high-probability trading models. With your logic, all the floor traders should be losing money and that all the dumb money becomes profitable.

You can consider applying a hard risk management scheme, where you stop trading after a certain drawdown occurs for the set period. e.g. No more trading if drawdown exceeds 10% per quarter, half year, or etc. This way you'll know exactly how much risk you're taking while preserving capital.

With all due respect Joe, I'm not sure if that's correct. I could be wrong here, please correct me if I am. When you understand the exact probabilities of each trade, average size of winners and losers in term of %, and potential outliers; then wouldn't the risk taken per trade not differ...

<img src="http://www.sff.net/people/doylemacdonald/edge.jpg"> Alec Baldwin's my edge

How come the Mexican army had only 600 soldiers at the battle of Alamos? They only got 2 cars.

what the heck have you been smoking?

only logical conclusion: Attention Whore

Classical arbitrage is meant to be self-financing and risk less, and wouldn't require some sucker to work through you.

I watched a documentary a couple days ago about someone handled "Kanan" who likes to post duplicate messages regarding the blatantly obvious... http://elitetrader.com/vb/showthread.php?threadid=94335

Thanks guys, the graphs do help more than the simple calculators.

Thanks Opt, Yes the question had sounded naive as if I wanted some simple formula. And no I don't plan to do anything with real money til I understand how it works exactly. The only way to really accurately estimate the underlying movement requirement would be through the calculator like the...

Don't forget the bad debts and unsold inventory piling up though counted as GDP.

http://www.forexrealm.com/brokers-reviews/ Not sure how reliable the info is, but most of the "scam" reviews are concurrent with my past experiences before I stopped trading FX.